MACOM Technology Solutions (NASDAQ:MTSI) Raised to “Strong-Buy” at Zacks Research

MACOM Technology Solutions (NASDAQ:MTSI) was upgraded by research analysts at Zacks Research from a “hold” rating to a “strong-buy” rating in a note issued to investors on Tuesday,Zacks.com reports.

Several other equities research analysts also recently commented on MTSI. Loop Capital started coverage on shares of MACOM Technology Solutions in a research note on Friday, April 10th. They set a “buy” rating and a $300.00 price objective for the company. Benchmark boosted their target price on shares of MACOM Technology Solutions from $160.00 to $260.00 and gave the company a “buy” rating in a research report on Friday, February 6th. Wall Street Zen downgraded shares of MACOM Technology Solutions from a “buy” rating to a “hold” rating in a research report on Saturday, May 2nd. Barclays boosted their target price on shares of MACOM Technology Solutions from $265.00 to $400.00 and gave the company an “overweight” rating in a research report on Friday, May 8th. Finally, Jefferies Financial Group boosted their target price on shares of MACOM Technology Solutions from $185.00 to $260.00 and gave the company a “buy” rating in a research report on Monday, February 2nd. Two analysts have rated the stock with a Strong Buy rating, eight have issued a Buy rating and three have assigned a Hold rating to the company’s stock. According to MarketBeat, MACOM Technology Solutions presently has a consensus rating of “Moderate Buy” and an average price target of $316.82.

MACOM Technology Solutions Trading Up 5.2%

NASDAQ:MTSI opened at $381.55 on Tuesday. MACOM Technology Solutions has a 12 month low of $118.16 and a 12 month high of $384.58. The firm has a fifty day simple moving average of $258.27 and a 200-day simple moving average of $216.14. The company has a current ratio of 7.52, a quick ratio of 5.84 and a debt-to-equity ratio of 0.29. The company has a market capitalization of $29.11 billion, a P/E ratio of 165.17, a PEG ratio of 3.32 and a beta of 1.60.

MACOM Technology Solutions (NASDAQ:MTSI) last posted its quarterly earnings data on Thursday, May 7th. The semiconductor company reported $1.09 EPS for the quarter, topping the consensus estimate of $1.07 by $0.02. MACOM Technology Solutions had a net margin of 16.46% and a return on equity of 16.01%. The business had revenue of $288.96 million during the quarter, compared to the consensus estimate of $285.20 million. During the same period in the previous year, the firm posted $0.85 earnings per share. The business’s revenue for the quarter was up 22.5% compared to the same quarter last year. MACOM Technology Solutions has set its Q3 2026 guidance at 1.310-1.370 EPS. On average, equities research analysts anticipate that MACOM Technology Solutions will post 3.3 earnings per share for the current year.

Insiders Place Their Bets

In other MACOM Technology Solutions news, CFO John Kober sold 7,196 shares of the company’s stock in a transaction dated Tuesday, February 17th. The shares were sold at an average price of $243.07, for a total value of $1,749,131.72. Following the completion of the transaction, the chief financial officer owned 48,508 shares in the company, valued at approximately $11,790,839.56. This represents a 12.92% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is accessible through this link. Also, Director Geoffrey G. Ribar sold 2,244 shares of the company’s stock in a transaction dated Wednesday, February 25th. The stock was sold at an average price of $253.59, for a total transaction of $569,055.96. Following the completion of the transaction, the director owned 13,410 shares of the company’s stock, valued at approximately $3,400,641.90. This trade represents a 14.33% decrease in their position. The disclosure for this sale is available in the SEC filing. In the last 90 days, insiders have sold 495,353 shares of company stock valued at $124,281,055. Insiders own 0.36% of the company’s stock.

Institutional Inflows and Outflows

A number of large investors have recently modified their holdings of the company. Vanguard Group Inc. raised its position in shares of MACOM Technology Solutions by 2.2% in the fourth quarter. Vanguard Group Inc. now owns 7,225,100 shares of the semiconductor company’s stock worth $1,237,515,000 after acquiring an additional 157,343 shares during the period. Price T Rowe Associates Inc. MD raised its position in shares of MACOM Technology Solutions by 7.6% in the fourth quarter. Price T Rowe Associates Inc. MD now owns 1,934,684 shares of the semiconductor company’s stock worth $331,374,000 after acquiring an additional 136,262 shares during the period. Alliancebernstein L.P. raised its position in shares of MACOM Technology Solutions by 11.7% in the third quarter. Alliancebernstein L.P. now owns 1,494,736 shares of the semiconductor company’s stock worth $186,080,000 after acquiring an additional 156,194 shares during the period. Geode Capital Management LLC increased its stake in shares of MACOM Technology Solutions by 3.0% during the fourth quarter. Geode Capital Management LLC now owns 1,267,103 shares of the semiconductor company’s stock worth $217,073,000 after purchasing an additional 37,222 shares in the last quarter. Finally, GW&K Investment Management LLC increased its stake in shares of MACOM Technology Solutions by 6.1% during the fourth quarter. GW&K Investment Management LLC now owns 1,217,935 shares of the semiconductor company’s stock worth $208,609,000 after purchasing an additional 70,167 shares in the last quarter. Institutional investors and hedge funds own 76.14% of the company’s stock.

About MACOM Technology Solutions

MACOM Technology Solutions is a semiconductor company specializing in high-performance analog, microwave, millimeter-wave and photonic semiconductor solutions. Its product portfolio includes amplifiers, switches, modulators, detectors and integrated circuits designed to optimize signal integrity, power management and data transmission. MACOM’s offerings address both digital and optical domains, providing critical building blocks for next-generation communications infrastructure.

The company’s solutions serve a diverse set of end markets, including wireless and wireline telecom, data centers, satellite communications, aerospace and defense, industrial and automotive applications.